Technical Analysis for BIS - ProShares UltraShort Nasdaq Biotechnology

Grade Last Price % Change Price Change
B 20.09 0.75% 0.15
BIS closed up 0.75 percent on Wednesday, April 24, 2024, on 84 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Flat

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Multiple of Ten Bullish Other 0.00%
Inside Day Range Contraction 0.00%
Gapped Down Weakness 0.00%
Fell Below 200 DMA Bearish 0.75%
Multiple of Ten Bearish Other 0.75%
Overbought Stochastic Strength 0.75%
Down 3 Days in a Row Weakness 0.75%
Gapped Down Weakness 0.75%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 19 hours ago
200 DMA Resistance about 20 hours ago
Up 1% about 20 hours ago
Gap Down Partially Closed about 22 hours ago
Gap Down Closed about 22 hours ago

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Profile

The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq Biotechnology Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. It is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Biotechnology Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Industry Classification Nasdaq Biotechnology Index Nasdaq Biotech Nasdaq Biotechnology Total Return Index

Top 10 Components

Symbol Grade Price % Change Allocation
AMGN C 0.00 8.14
GILD F 0.00 7.41
VRTX C 0.00 7.21
BIIB D 0.00 6.12
ILMN D 0.00 5.67
REGN C 0.00 4.13
INCY F 0.00 2.09
BMRN A 0.00 1.91
ALNY F 0.00 1.60
VTRS C 0.00 1.35

Is BIS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.0391
52 Week Low 16.2366
Average Volume 7,921
200-Day Moving Average 20.12
50-Day Moving Average 18.24
20-Day Moving Average 19.29
10-Day Moving Average 20.17
Average True Range 0.46
RSI (14) 60.32
ADX 24.31
+DI 38.44
-DI 28.02
Chandelier Exit (Long, 3 ATRs) 19.71
Chandelier Exit (Short, 3 ATRs) 18.71
Upper Bollinger Bands 21.41
Lower Bollinger Band 17.16
Percent B (%b) 0.69
BandWidth 22.06
MACD Line 0.67
MACD Signal Line 0.62
MACD Histogram 0.0555
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.63
Resistance 3 (R3) 20.59 20.37 20.54
Resistance 2 (R2) 20.37 20.23 20.39 20.51
Resistance 1 (R1) 20.23 20.15 20.30 20.27 20.48
Pivot Point 20.01 20.01 20.04 20.03 20.01
Support 1 (S1) 19.87 19.87 19.94 19.91 19.70
Support 2 (S2) 19.65 19.79 19.67 19.67
Support 3 (S3) 19.51 19.65 19.64
Support 4 (S4) 19.55